Monthly Rent Report
Koreatown Rent Report — September 2024
Asking rents in ZIP 90006, Los Angeles, from 41 listings.
Median 1BR rent in Koreatown was $1,300 in September 2024, down 23.1% (−$390) from August 2024 and down 12.7% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,300. That puts Koreatown $699 below the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 41 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $999 | −$416 (-29.4%) | −$396 (-28.4%) | $999 – $999 | 5 |
| Studio | $1,350 | −$65 (-4.6%) | −$45 (-3.2%) | $1,350 – $1,350 | 1 |
| 1BR | $1,300 | −$390 (-23.1%) | −$188 (-12.7%) | $1,300 – $1,300 | 1 |
| 2BR | $2,995 | +$270 (+9.9%) | +$1,318 (+78.5%) | $2,995 – $2,995 | 1 |
| 3BR | $3,798 | +$298 (+8.5%) | +$1,198 (+46.1%) | $2,949 – $4,646 | 2 |
| 3BR | $5,495 | +$1,995 (+57.0%) | +$2,895 (+111.3%) | $5,246 – $5,495 | 4 |
| 4BR | $4,295 | +$100 (+2.4%) | −$162 (-3.6%) | $3,912 – $4,400 | 20 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — September 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $999 | $1,755 | −$756 (-43.1%) |
| Studio | $1,350 | $1,755 | −$405 (-23.1%) |
| 1BR | $1,300 | $1,999 | −$698 (-35.0%) |
| 2BR | $2,995 | $2,795 | +$200 (+7.2%) |
| 3BR | $3,798 | $3,850 | −$52 (-1.4%) |
| 3BR | $5,495 | $3,850 | +$1,645 (+42.7%) |
| 4BR | $4,295 | $4,995 | −$700 (-14.0%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.